Friday , November 15, 2024

Search Results for: digital payments

Facebook’s WhatsApp Negotiates to Support E-Commerce Payments in Indonesia

Facebook Inc.’s WhatsApp peer-to-peer payments service is reportedly working to enter the second international market in which it would support a broader array of payments, including e-commerce. The company is in talks with digital-wallet providers in Indonesia to handle transactions through those services, according to a report Tuesday by Reuters. …

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Scansource To Divest Global Units and other Digital Transactions News briefs from 8/20/19

Point-of-sale equipment maker Scansource Inc. announced it will divest distribution businesses in Europe, the United Kingdom, Colombia, Chile, and Peru, as well as its Miami-based export operation, as part of a strategic repositioning. The businesses totaled $623 million in net sales in fiscal 2019.Apple Inc. said its Apple Card is now open to all U.S. …

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COMMENTARY: Easy Payments Are Increasingly Vital to Good Customer Experience. Here’s Why

As organizations look to remain competitive in the ever-transforming business space, customer experience (CX) has come to the fore. And those that focus on CX understand that it has to be a priority in every interaction a customer has with the company, from signup and purchase through relationship building, marketing, and …

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Rite Aid Picks BAMS for Processing and other Digital Transactions News briefs from 8/19/19

Rite Aid Corp. selected Bank of America Merchant Services to process transactions at its 2,400 stores nationwide and on its Web site. BAMS processes under an agreement with First Data Corp., now part of Fiserv Inc., though the companies announced July 30 the collaboration will end next year.The 7-Eleven Inc. convenience-store chain has launched in …

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Cash Still Popular for Low-Value Transactions and other Digital Transactions News briefs from 8/16/19

A CreditCards.com poll found that 49% of U.S. adults usually pay with cash for transactions of less than $10. Thirty-five percent use debit cards and 16% use credit cards. The survey canvassed more than 2,500 adults in July.Eighty-two percent each of Generation X consumers and Baby Boomers buy in-store at least monthly, Blackhawk …

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Square Expands Its Software Platform Beyond Payments With a New Ordering System

Less than a month after getting into the product-photography business, Square Inc. on Thursday said it was opening its software platform beyond payments so that outside developers can create systems for merchants to handle orders. In a post on its developer blog, San Francisco-based Square noted that over the past …

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Repay Acquires TriSource Solutions and other Digital Transactions News briefs from 8/15/19

Repay Holdings Inc. announced the acquisition of TriSource Solutions for up to $65 million. TriSource, founded in 2007, provides back-end transaction-processing services to independent sales organizations. TriSource has been Repay’s primary third-party processor for back-end settlement since 2012.The U.S. District Court in Cleveland approved a $4.3 million settlement of a class action filed …

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Accenture Releases Cybercrime Report and other Digital Transactions News briefs from 8/14/19

Accenture released its 2019 Cyber Threatscape Report that examines cybercrime operating models and the effects of ransomware.Point-of-sale equipment maker Star Micronics said Square Inc. now supports its mG-Scale products.In a survey of 100 small businesses, installment-payments provider Klarna found that 40% of online retailers said operational size was the biggest barrier to adopting new payment options.Agreement Express …

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More Colleges Making Student IDs And Payments Available in Apple Wallet

Apple Inc. says 12 U.S. colleges, with more than 100,000 students, will enable contactless student IDs in Apple Wallet this school year. The students will be able to use their student IDs on iPhones and Apple Watches to enter buildings protected by keycard access, buy meals, and make purchases in college …

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Venmo’s Latest Instant-Transfer Gambit Leverages Faster Payments As It Digs for Revenue

With real-time payments in the headlines these days, it’s not surprising payments companies are jumping on the faster-payments bandwagon. But some, like PayPal Holdings Inc., are finding ways to use speedier funds to bolster revenue. PayPal on Monday announced its latest instant-transfer service, this one allowing Venmo users to move …

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Digital Transactions